AreaBrazil

Commodity GroupRice

CommodityAll

Date12/06/2020

Policy CategoryProduction

Policy InstrumentMinimum support prices

DescriptionSet minimum support prices (MSPs) for the 2021/22 season (2020/21 season for Brazil), effective from February 2021 to January 2022. The MSP for fine long grain paddy was raised by 1.39 percent to BRL 804 (USD 144) per tonne for the Southern region (except Paraná), while it was raised by 6.31 percent for all other regions to BRL 843 (USD 151) per tonne. The MSPs for long grain paddy were left unvaried at BRL 411 (USD 74) per tonne for the Southern region (except Paraná), and at BRL 448 (USD 81) per tonne for all other regions.

NotesExchange rate as of 15 October 2020.